Series 3: 6.2.2.5. Reversals

Taken from our Series 3 Online Guide

6.2.2.5. Reversals

The reversal of a trend is easier to see in retrospect than it is to predict, because what may look like a reversal on one day may prove to be a mere correction of a continuing trend. Usually, however, a reversal occurs when a rally after the correction fails to clear the previous peak (t

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